Peter G. Laughlin Group
LUXURY REAL ESTATE NEWS
April 2022
Rising Interest Rates
Sarasota Luxury Real Estate Outlook
Why higher rates won't affect demand
for luxury real estate in Sarasota


In a recent Sarasota Herald Tribune article, Premier Sotheby's International Realty CEO, Budge Huskey, forecasts demand to remain strong in the luxury real estate market: "The 30-year fixed mortgage has risen dramatically in recent weeks and currently approaches 5%, a figure not seen since 2009. Historically, there has been a highly-correlated relationship between interest rates and the demand for housing. However, there are many other factors which come into play at a local level. The reality of today is that rising mortgage rates will have far less of an impact on sales in Sarasota than what would have been the case years ago. Any sizable change in sales activity will come not from rates this year, but rather from the fact there are too few homes entering the market to allow demand to be fully realized. In essence, our real estate year won't be determined by buyers, but rather, sellers. If you are considering listing your home, it may be the right time to take advantage of heightened values."
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PGL GROUP LISTING ON COVER OF FOLIO MAGAZINE
Rising Interest Rates
FOLIO Magazine
Featuring distinctive luxury properties
throughout Florida


The new issue of FOLIO features JR Fazenda, a magnificent 42-acre sustainable ranch and farm listed by the Peter G. Laughlin Group, on the cover. Folio provides an exclusive view into the lifestyles offered through distinctive luxury properties from Premier Sotheby's International Realty throughout Florida.
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SELLERS WHO SOLD & WON
In the last month, the Peter G. Laughlin Group
helped these sellers create outstanding results with masterful
marketing that buyers love to "♥".
Let's work together to maximize the value of your home.
Sold Luxury Real Estate
1.2 Acre in Braden Pines
4BR/3BA/3,359SF | $1,100,000

Sold in 4 days at the highest price in Braden Pines! When you work with the Peter G. Laughlin Group, you get a comprehensive and customized plan for your home that includes staging, photography, video, 3D tour and an immersive marketing plan that drives more eyes, more 'likes' and more value for your home.
 
BUYERS WHO BOUGHT & WON
In the last month, we also helped buyers negotiate contracts to buy the home of their dreams.
Let's work together to get the home you want now.
New ListingThe Collection #PH-10
$4,750,000
New ListingOne Park #1210
$3,928,000
New ListingWest of Trail
$2,000,000
New ListingLakewood Ranch
$1,699,900
New ListingLido Regency #PH-E
$900,000
New ListingSouth Venice
$495,900
 
NEW LISTINGS
Exclusive preview of new listings and listing going live in April.
Contact me if you have interest.
New ListingOYSTER BAY ESTATES
1801 N. Lake Shore Drive
4BR/3BA/3,349SF | $1,995,000

Sarasota School of Architecture mid-century modern on an oversize .72 acre lot with native landscape. Simple geometry, open living spaces and walls of glass capture Sarasota's abundant sunlight for a bright interior perspective. Look for the iconic ceiling weather vane, now a visual cue of the home's architectural roots.

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New ListingOYSTER BAY ESTATES
1514 S. Lake Shore Drive
3BR/3BA/2,430SF | $1,925,000

West of Trail artisan home in Oyster Bay Estates perfectly located to enjoy your best Sarasota lifestyle. Surrounded by a well-maintained native privacy landscape, enter a magical place where organic materials, inspired design and elegant charm come together to create one of the most unique homes in Oyster Bay.

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New ListingHERON CREEK GOLF & COUNTRY CLUB
1230 Creek Nine Drive
4BR/3BA/3,240SF | $825,000

Spacious home in Heron Creek Golf and Country Club, North Port's premier country club community in a prime location convenient to I-75, US-41 and lifestyle amenities.

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New ListingCOMING SOON: SIESTA KEY
3916 Shell Road
4BR/3.5BA/4,087SF | $5,500,000

Private retreat on North Siesta Key steps from Shell Road beach. Built in 2017 by MyGreenBuildings, this high-end sanctuary is a LEED certified home with a modern vibe for carefree island living.

New ListingCOMING SOON
En Provence #4
3BR/3.5BA/3,800SF
$4,500,000
New ListingCOMING SOON
Promenade #401
3BR/3BA/2,100SF
$1,650,000
New ListingCOMING SOON
1750 Ben Franklin Drive #8E
2BR/2BA/1,531SF
$1,300,000
New ListingCOMING SOON
5852 Helicon Place
2BR/2BA/1,534SF
$500,000
 
MARKET ACTIVITY REPORTS
What's listing and selling in your neighborhood? For how much? Find out in the latest market activity reports with details of your favorite Sarasota locations.
West of Trail Siesta Key Downtown
VIEW REPORT VIEW REPORT VIEW REPORT
Bird Key St. Armands-Lido Longboat Key
VIEW REPORT VIEW REPORT VIEW REPORT
West of Trail North West of Trail South East of Trail
VIEW REPORT VIEW REPORT VIEW REPORT
South Siesta Key Anna Maria Island East County Acreage
VIEW REPORT VIEW REPORT VIEW REPORT
 
2022 Luxury Outlook
Premier Sotheby's International Realty Ranks #18 in the United States!

REAL Trends has named Premier Sotheby's International Realty the No. 18 top real estate brokerage in the U.S. by sales volume in the 2022 REAL Trends 500 survey. Congratulations to Premier Sotheby's International Realty's leadership and all our colleagues who contributed to this distinguished achievement.
 
BUYER CHECKLISTS
Buyer Checklists
Must Have, Nice to Haves
and Dream State

Balancing wants and needs as a homebuyer today

Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a home that fits your needs. Crafting a home search checklist may seem like a small task, but it can save you time and money. It's also one of the keys to being successful in today's competitive market. Let's connect so we can work together to find a home that fits your wants and needs.

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